Abkhazia to hold referendum on snap presidential election on July 10

By bne IntelliNews June 3, 2016

The breakaway region of Abkhazia, which is de facto autonomous but internationally recognised as part of Georgia, will hold a referendum on July 10 to decide whether to call snap presidential elections, civil.ge wrote on June 2. The referendum would contain only one question - "Do you consider it necessary to hold early elections for presidency?"

Abkhaz president Raul Khajimba agreed to the motion for a referendum submitted by opposition parties, despite the fact that he opposes it, he told journalists. He justified his decision by the belief that proponents of the motion were more interested in seeing him reject it than in the result of the referendum, and that he is not afraid of people's vote.

Khajimba's popularity took a nosedive after Russia, the region's largest partner and supporter, slashed its investment in Abkhazia by two thirds in 2015. The Kremlin reportedly wanted more influence over Abkhaz internal affairs, including co-managing the army and the government, which Khajimba did not oblige.

Khajimba has vowed to submit to the popular vote expressed at referendum.

Abkhazia has been making international headlines for a completely unrelated event in recent days - the world cup for unrecognised territories, which has brought together football teams from regions like Transnistria, Kurdistan, Northern Cyprus, Somaliland and Panjab in an emulation of the FIFA world cup competition. 

Related Articles

Evolution Equity Partners closes $125mn cybersecurity-focused fund

Evolution Equity Partners announced on 17 July the final closing of a new fund with total capital commitments of $125mn to make investments in cybersecurity and next generation enterprise software ... more

Renewed calls for Abkhaz president to step down amidst growing political crisis

The breakaway region of Abkhazia is in the midst of a severe political crisis, with political opposition groups becoming increasingly vociferous in their accusations that the administration of ... more

Bank of Georgia Group to demerge into two London-listed entities

Bank of Georgia Group (BGEO) announced in a press release on July 3 that it intended to demerge into two London-listed firms. Specifically, BGEO is to demerge into a banking business, Bank of ... more

Dismiss